94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
SB2715


 
Introduced 1/20/2006, by Sen. Arthur J. Wilhelmi
 
SYNOPSIS AS INTRODUCED:
 		













765 ILCS 77/20









    Amends the Residential Real Property Disclosure Act. Makes a technical change
in a
Section concerning completion and delivery of the seller's disclosure
statement.
















LRB094 17970 AJO 53273 b

















 


 


A BILL FOR









 











SB2715

LRB094 17970 AJO 53273 b






1
    AN ACT concerning civil law.

 
2
    Be it enacted by the People of the State of Illinois, 
3
represented in the General Assembly: 


 
4
    Section 5. The Residential Real Property Disclosure Act is 
5
amended by changing Section 20 as follows:
 



6
    (765 ILCS 77/20)



7
    Sec. 20. A seller of residential real property shall

8
complete all applicable items in the
the disclosure document 
9
described in Section
35
of this Act.  The seller shall deliver 
10
to the prospective buyer the written
disclosure statement 
11
required by this Act before the signing of a written
agreement 
12
by the seller and prospective buyer that would, subject to the

13
satisfaction of any negotiated contingencies, require the 
14
prospective buyer to
accept a transfer of the residential real 
15
property. 
16
(Source: P.A. 88-111.)